It was a tough week for the bulls as bears regained control of the S&P 500 (SPX).
The SPX flushed through the daily 21 exponential moving average (EMA) and the 200 simple moving average (SMA). Even worse, there are sell signals on the daily chart.
In the video above, we’ll use the Big 3 indicator, the Big 3 Heat Map, and review market structure. Let’s keep it simple as the market lines up for a potential push lower.
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